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Last-mile Delivery: Extreme summer heat & loss of productivity lead to an all-time high demand for delivery personnel, ET Retail

Extreme summer heat, rising absenteeism, and productivity loss have led to a high demand for last-mile delivery and warehouse personnel in India. About 2,000 delivery personnel are dropping off daily in quick commerce and 5,000 in food delivery, with an estimated 2.1-2.2 lakh people needed for replacement hiring daily. The monthly attrition of riders, warehouse staff, pickers, packers, and loaders is at a high of 30-40%. ....

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QSR Cos Growth: Retail cos, QSRs expand at slowest pace in 5 years, ET Retail

QSR Cos Growth: Retailers and quick-service restaurant chains in India experienced the slowest pace of store expansion in five years at 9%, with 33,219 stores as of March 31. In FY23, the number was 30,551, up 18% from the previous year. These companies added 2,700 stores, averaging 7 a day, but that s nearly half compared to 13 doors each day in FY23. Retail sales growth rate fell year-on-year every month in the previous fiscal, reflecting weak consumer sentiment across segments like apparel, footwear, and QSR. ....

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Municipal Corporation Of Gurugram: Haryana Urban Local Bodies Department Seeks Explanation from MCG on C&D Waste Firm Probe, ET RealEstate

Municipal Corporation Of Gurugram: The Haryana Urban Local Bodies Department has sought an explanation from MCG regarding a firm that faced a probe for irregularities in construction and demolition waste management. The firm had submitted the lowest bid for a new tender issued by MCG. The department is questioning why crucial information about the firm s past inquiry was not disclosed and is seeking details of the action taken against the firm. MCG is drafting a reply to address the concerns raised by the ULB department. ....

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Nagpur police registers case against three people for cheating buyers of Rs 3.5 crore, ET RealEstate

Nagpur Police: A 47-year-old person, who is into furniture business, entered into an agreement with the builder in 2016 to purchase a shop in the complex for Rs 20 lakh. ....

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McDonald's says $18 Big Mac meal was an 'exception' and news reports overstated its price increases, ET Retail

McDonald's says $18 Big Mac meal was an 'exception' and news reports overstated its price increases, ET Retail
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